Fiserv reported $4.36 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 8.5%. EPS of $1.91 for the same period compares to $1.57 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.33 billion, representing a surprise of +0.80%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fiserv performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Financial Technology (Fintech)-Organic Revenue: $822 million versus the eight-analyst average estimate of $807.62 million. The reported number represents a year-over-year change of +6.6%.
- Payments and Network(Payments)-Organic Revenue: $1.70 billion versus $1.64 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +10.1% change.
- Merchant Acceptance-Organic Revenue: $1.93 billion versus the six-analyst average estimate of $1.84 billion. The reported number represents a year-over-year change of +13.5%.
- Merchant Acceptance-GAAP Revenue: $1.86 billion versus the four-analyst average estimate of $1.86 billion. The reported number represents a year-over-year change of +9.4%.
- Corporate and Other-GAAP Revenue: $283 million compared to the $262.41 million average estimate based on four analysts.
- Payments and Network(Payments)-GAAP Revenue: $1.67 billion versus the four-analyst average estimate of $1.67 billion. The reported number represents a year-over-year change of +8.4%.
- Operating income-Payments: $805 million versus the four-analyst average estimate of $822.90 million.
View all Key Company Metrics for Fiserv here>>>
Shares of Fiserv have returned +4.2% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Fiserv (FISV) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Fiserv reported $4.36 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 8.5%. EPS of $1.91 for the same period compares to $1.57 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $4.33 billion, representing a surprise of +0.80%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fiserv performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Fiserv here>>>
Shares of Fiserv have returned +4.2% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.